July 5 (SeeNews) - Croatia has placed a 3 billion kuna ($458.7 million/404.8 million euro) 15-year bond on the domestic capital market, with a yield to maturity of 3.30%, the finance ministry said on Wednesday.
The books on the bond, denominated in the kuna currency and indexed to kuna's exchange rate to the euro, were opened between 9.00 am and 12.30 pm on Wednesday, the finance ministry said in a statement.
The bond, maturing on July 7, 2032, bears an interest rate of 3.25%.
The issue was arranged by Erste & Steiermärkische Bank, Privredna banka Zagreb, Raiffeisenbank Austria and Zagrebacka banka.
(1 euro=7.41085 kuna)